Dover Ready for its Quarterly Earnings Release

Published on Tuesday, 24 January 2012 10:40 Written by Danny Miller

New York, January 24th (TradersHuddle.com) - Shares of Dover Corporation (NYSE:DOV) are trading higher by +1.72% ahead of its quarterly earnings release. Dover, the maker of specialized industrial products and manufacturing equipment is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $1.04 a share on $2.03 billion revenue.

Dover estimates have a range of $0.09 a share. The high estimate calls for profit of $1.08 a share and the low estimate is calling for a profit of $0.99 a share, a year ago for the quarter the company reported $0.94 a share.

Dover Corporation (NYSE:DOV) manufactures a variety of specialized industrial products and manufacturing equipment. Its products include Material handling equipment, tank trailers, refrigeration systems, refrigeration display cases, marking and coding systems, drill bit inserts, and electronic technology equipment.

Other companies on the watch on this earnings event are Ingersoll-Rand Plc NYSE:IR and Weatherford International Ltd. NYSE:WFT.